Measuring Wavelength and Gas Concentration with High Accuracy
Optical spectrum analyzers, obtain wavelength emissions from lasers, laser diodes and LED sources via fast-Fourier transform (FFT) using a scanning Michelson interferometer in a push/pull arrangement. OSAs perform per-channel analysis of the acquired spectrum and its spectral interaction with other wavelengths with an accuracy of up to ±0.0001 nm in dense or coarse wavelength division multiplexing (CWDM/DWDM) networks, making them suitable for testing optical communication devices.
Optical spectrum analyzers, coupled with laser diodes and gas detectors, is mounted on a gas stack to quantify gas concentration across a single absorption line. The current status of the pipeline is provided, including gas concentration of CO2, O2, and others, within the near infrared (NIR) and the mid-infrared (MIR) spectral ranges with high precision.
Optical Spectrum Analyzer Market - Key Research Findings
- The global optical spectrum analyzer market size is expected at ~US$ 325 Mn in 2019.
- The optical spectrum analyzer market is estimated to grow at a CAGR of ~6% during the forecast period 2019-2029.
- Expanding IT & telecommunication industry is majorly driving the sales of optical spectrum analyzers.
- Collectively, North America and East Asia are expected to account for about 45% of the revenue shares in the optical spectrum analyzer industry by the end of 2029.
- East Asia, owing to the strong presence of optical spectrum analyzer manufacturers, is expected to continue to be a prominent regional market for optical spectrum analyzers.
- Moreover, expanding health and telecommunication industry in North America is driving the growth of the optical spectrum analyzer market.
- IT & telecommunication and medical & health care industries are expected to remain prominent end-use industries for optical spectrum analyzer market players.
- Manufacturers of optical spectrum analyzers are focusing on strengthening their product portfolios by improving their research facilities.
- Moreover, leading players are focusing on merger and acquisition strategies to expand their footprint in untapped regions.
Key Factors Shaping the Optical Spectrum Analyzer Market
Flourishing IT & Telecommunication Industry
The IT & telecommunication industry is expanding rapidly across the globe. Therefore, the manufacturing of telecommunication products is increasing. Optical spectrum analyzers are widely used in manufacturing as well as on-field to ensure the quality of network and optical instruments. Hence, the growing telecommunication industry is fuelling the growth of the optical spectrum analyzer market.
Leading Players Expanding in Untapped Regions
Leading optical spectrum analyzer players such as EXFO, Inc., Yokogawa Corporation and Anritsu have well-established markets in North America and East Asia because of developed telecommunication and healthcare sectors. Therefore, these leading players are expanding their footprint in regions such as South Asia, MEA, Europe, and Oceania as end-use industries have lot of growth potential in these regions. The expansion of prominent players across the globe is estimated to increase the demand for optical spectrum analyzers.
Introduction of 5G Network
Telecom enterprises across the globe have started migrating their current network infrastructure to fiber optic infrastructure for upgrading to 5G networks and services with high-speed connectivity. Thus, optical spectrum analyzers are widely used to certify the quality of network and optical equipments. This factor is driving the market growth of the optical spectrum analyzer market.
Optical Spectrum Analyzer Market Structure Analysis
- The global optical spectrum analyzer market is moderately consolidated, where leading players are focusing on increasing their product portfolio.
- The optical spectrum analyzer market has been relatively moderate in size, which remains a key factor for its dynamic and competitive nature.
- Leading players in the optical spectrum analyzer market are currently acquiring network testing equipment manufacturing companies to expand their testing services portfolio. Moreover, leading players are investing significant amount of money in strengthening their research facilities.
- Introduction of optical spectrum analyzers, which can measure the performance of 5G network has been identified as one of the key developments in the optical spectrum analyzer market.
- For a stronger foothold in targeted regions, manufacturers of optical spectrum analyzers will continue increasing their product portfolio by introducing advanced spectrum analyzers according to the need of end-use industries.
Testing Next-Gen Networks despite Infrastructural Complexities
Optical Spectrum Analyzers (OSA) aid in overcoming the hurdles in deploying 3G and 4G LTE (Long Term Evaluation) by gathering data, such as communication bandwidth, encoding method, and others, by signaling between actual mobile phone and base stations which is specified by respective criteria for hitherto 3G and 4G LTE systems.
OSAs offer shorter 5G testing time realizing voluminous leaps in network traffic even though the nascent 5G network offers greater speed, larger capacity, multiple connections, and lower latency. In addition, 5G requires more intricate signaling to aid conjunction with 4G and earlier setups. As such, vendors coming up with 5G chipsets, wireless communication modules, for instance, smartphones, have to analyze messages sent and received in data communication, and RF (Radio Frequency) signals for complex signaling.
Furthermore, optical spectrum analyzers are enabling testers to validate the development of modems by beam characterization and beam verification using all connections specified by 3GPP (3rd Generation Partnership Project). However, installation and working of OSAs require new infrastructure, making them capital-intensive. Lack of skilled workforce for setting up and implementing fiber optic infrastructure is confining the use of optical spectrum analyzers to companies practicing advanced automated systems and next-gen fiber optic technologies.
Stakeholders Tapping White Spaces in North America and South Asia
North America is likely to remain at the driver’s seat, despite steady growth, over the foreseeable period, with South Asia gathering significant pace. Majority of populace in the US own different kinds of cell phones with 81% of them relying on smartphones as primary means of internet access. About 1 in every 5 matured individual depend only on smartphones for internet browsing. In addition, a few cities in the US have begun enjoying 5G network coverage.
India has highest data per usage per smartphone - ~9.8 GB/Month - in the world, which is estimated to double in the upcoming years. Expanded product line, and cheap data tariffs are among the tailwinds of the growth. Further, smartphone users in India are positive on paying more than 60% premium for future 5G services, according to Ericsson, boosting the progress of telecommunication bracket, and eventually complementing the demand for optical spectrum analyzers.
Cutting-edge Developments to define Stakeholders’ Tactics
Leading market participants and followers, including Yokogawa Corporation, EXFO Inc., and AMS Technologies, account for more than 70% of the optical spectrum analyzer market revenue.
Manufacturers are launching compact optical channel checker module for maintenance and troubleshooting of DWDM (Dense Wavelength Division Multiplexing) fiber networks. Key market actors are releasing lightweight and midget optical spectrum analyzer that employs dispersive spectroscopy technique and covers optical communication wavelengths in the range of 1200-1700 nm for testing and monitoring optical communication devices. Market followers are adding cellular IoT (CIoT) features to the existing equipment, enabling operators, and service providers to audit networks for the development and commercialization of IoT (Internet of Things). Emerging players are including two polarization channels in optical spectrum analyzer to enable analysis of optical signal in different polarization axes.
Furthermore, stakeholders are entering into agreement with their counterparts, for instance, in May 2019, KT Corporation partnered with Antrisu to leverage latter’s field spectrum analyzer for verifying the efficiency of world’s first 5G network.
Benchtop to remain in-demand
Portable reflecting growing traction
Wavelength meter mode leads
Spectrometer mode gaining pace
Significant consumption in IT & telecom
Demand in medical & healthcare increasing
How Growth will Unfold
The optical spectrum analyzer market is anticipated to witness a healthy growth over the forecast timeframe witnessing high demands for fast-speed network. Industries across the globe are shifting to fiber optic framework from copper technology to ascend to 5G network and facilities with fast-paced connectivity. The data-intensive nature of consumers in advanced economies will motivate them to be the early birds in the adoption of 5G-enabled devices, for instance, autonomous driving, virtual reality, and artificial intelligence. Further, high regulatory approval for advanced technologies, including Internet of Things (IoT), augmented reality, among others, is set to gear the optical spectrum analyzer market.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Optical Spectrum Analyzer Market Analysis 2019-2029
A recent market study published by FMI on the optical spectrum analyzer market includes a global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the optical spectrum analyzer market, the growth prospects of the market are obtained with maximum precision.
Optical Spectrum Analyzer Market Taxonomy
The global optical spectrum analyzer market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
By Product Type
By Mode Type
- Spectrometer Mode
- Wavelength Meter Mode
By End Use
- Spectrometer ModeIT & Telecommunication
- Medical & Healthcare
- Energy & Utilities
- Aerospace & Defence
- Semiconductors & Electronics
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
The report starts with the executive summary of the optical spectrum analyzer market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the optical spectrum analyzer market.
Readers can find the definition and a detailed taxonomy of the optical spectrum analyzer market in this chapter, which will help them understand the basic information about the optical spectrum analyzer market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the optical spectrum analyzer market report.
The optical spectrum analyzer market report provides key market trends that are expected to significantly impact the market growth during the forecast period. Detailed industry trends are also provided in this section.
This section includes the factors that have emerged as key successful factors and the strategies adopted by key market participants.
This section explains the global market value analysis and forecast for the optical spectrum analyzer market in the forecast period 2019-2029. This chapter includes a detailed analysis of the historical optical spectrum analyzer market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year, and an incremental $ opportunity for the forecast period (2018–2028). Along with this, pricing analysis of the optical spectrum analyzer market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the optical spectrum analyzer market between the forecast period 2019-2029.
This chapter explains key macro-economic factors that are expected to influence the growth of the optical spectrum analyzer market over the forecast period. Along with macroeconomic factors, this section also highlights the value chain, forecast factors, automotive industry outlook, top companies, and historical growth outlook for the optical spectrum analyzer market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the section.
Based on the product type, the optical spectrum analyzer market is segmented into portable, benchtop, and handheld. In this chapter, readers can find information about the key trends and developments in the optical spectrum analyzer market and market attractiveness analysis based on the product type.
This chapter provides details about the optical spectrum analyzer market based on the mode type, and has been classified into spectrometer mode and wavelength meter mode. In this chapter, readers can understand the market attractive analysis based on the mode type.
This chapter provides details about the optical spectrum analyzer market based on the end use, and has been classified into IT & telecommunication, medical & healthcare, energy & utilities, automotive, institutions, aerospace & defence, and semiconductors & electronics. In this chapter, readers can understand the market attractiveness analysis based on the end use.
This chapter explains how the optical spectrum analyzer market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa (MEA), and Emerging Countries.
This chapter includes a detailed analysis of the growth of the North America optical spectrum analyzer market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on the segments and countries in North America.
This chapter provides the growth scenario of the optical spectrum analyzer market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, the assessment of the market across target segments has been provided.
Important growth prospects of the optical spectrum analyzer market based on its end users in several countries such as Germany, the U.K., France, Spain, Italy, Russia, BENELUX, and the Rest of Europe, are included in this chapter.
In this chapter, India, Malaysia, Thailand, Indonesia, and Rest of South Asia are the prime subjects of assessment to obtain the growth prospects of the South Asia optical spectrum analyzer market. Readers can find detailed information about the growth parameters of the South Asia optical spectrum analyzer market during the forecast period 2019-2029.
This chapter highlights the growth of the optical spectrum analyzer market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the optical spectrum analyzer market in East Asia.
This chapter highlights the growth of the optical spectrum analyzer market in Oceania by focusing on Australia and New Zealand. This section also helps readers understand the key factors that are responsible for the growth of the optical spectrum analyzer market in Oceania.
This chapter provides information about how the optical spectrum analyzer market will grow in major countries in the MEA region such as Northern Africa, GCC Countries, South Africa, Turkey, and the Rest of MEA, during the forecast period 2019-2029.
This section highlights the growth prospects of the optical spectrum analyzer market for emerging markets such as China, India, and Mexico.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the optical spectrum analyzer market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the optical spectrum analyzer market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are EXFO, Inc., Yokogawa Corporation, Anritsu, AMS Technologies, and Viavi Solutions, Inc., among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the optical spectrum analyzer market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the optical spectrum analyzer market.
How the research was conducted?
- Key Opinion Leaders
- Chief Executive Officer
- Vice President
- Sales Head
- Product Manager
- Marketing Head
- Deputy Manager -Marketing & Communications
- Marketing Manager
- Sales Manager
- Customer Service Representative
- Current market dynamics and challenges
- Product Type Segment Split and Authenticity
- Yesteryear trends
- Market characteristics
- Competition structure and market structure
- Strategic growth initiatives
- End-Use Industry Segment Split and Authenticity
- Market segment splits and authenticity
- Near-term and long-term market growth prospects
- Opinions on market projections and validity of assumptions
- Telecommunications Industry Association
- American National Standards Institute
- Trade Websites
- Association Connecting Electronics Industries
- ASTM International
- United States Department of Agriculture
- International Organization for Standardization
Primary Interview Splits